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Don't lose money by saving it | Investing money as new immigrants in Canada 💰

  Рет қаралды 106,918

Potato Talkies

Potato Talkies

Күн бұрын

We talk about the power of investing money in Canada or anywhere around the world. Let's talk about:
1. How saving money will make you poor  - not just in Canada, but anywhere in the world!?
2. How buying dumb shit as new immigrants makes us broke!?
3. When should start investing your money after coming to Canada!?
4. How much should you invest…
Investing with TFSA: • Retire a millionaire i...
Disclaimer: These videos are our personal views and opinion, they should NOT be considered as legal advice. We are not affiliated with any government organization or division. We assume no liability for how the information on this channel is used or interpreted and hence take no responsibility for any decisions that is made with regards to your application based on the information shared on this channel.
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We don't like immigration agents - the ones' that aren't authorized by ICCRC and qualified to help you with your application in exchange for money - first of all, it's not legal to do that, and second of all, it's so easy that you don't really need paid help! We are a young couple who started their Canadian Immigration journey in 2018 and moved to Canada 3 days before the pandemic hit in March 2020. Over the course of our application, we have seen so many people getting screwed over by greedy / fraudulent and unauthorized immigration consultants who promise you the world in exchange for thousands of dollars and deliver a whole lot of NOTHING; to an extent that in many cases, the applications get rejected, due to their negligence.
Therefore, we are taking matters in our own hands. After months of research and our own experience of applying for a Canadian PR, we came up with an e-book series & this KZbin channel which would include - errors to avoid, perfect sample documents (my own) and alternate ways of immigrating to Canada - 100 pages of absolute goldmine between these 3 e-books - no filters, no premium versions to these ebooks... everything is out there FOR FREE, for you to read and execute the process yourself! All we are doing in these ebooks is sharing our experience of applying for PR ourselves / structuring and pointing you in the right direction via various different resources that are available on IRCC's official website. The KZbin channel will compliment the e-book and add some personality and entertainment to the entire process :-)
Volume 1: Step by step express entry process from know nothing about immigration all the way to getting an invitation to apply (ECA, IELTS etc). Download here - www.potatotalk...
Volume 2: Post ITA express entry process - documentation, samples, POF, Proof of work, medical, biometrics all the way to getting a stamped passport ;-) Download here - www.potatotalk...
Volume 3: Alternate ways of moving to canada | Provincial Nominee program - OINP, AINP, MPNP, NSNP, SINP, RNIP and more. Download here - www.potatotalk...
Save your money, and if you find these e-books useful, do not forget to buy us a coffee when you reach Canada :-)
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#investingmoney #newimmigrantincanada #lifeincanada #potatocouple #immigratetocanada #ultimateplaybook #youtube #ebook #expressentry #potatocouple #movetocanada #lifeincanada #canadavlogs #lifeincanada

Пікірлер: 470
@canadianjatti
@canadianjatti 3 жыл бұрын
Great topic. A few comments for people watching. 1. Not everyone will need 2 million at retirement so decide what you think you would need and work towards that goal. Usually expenses are much lower in retirement since home is paid off so mortgage is gone. 2. Aim for housing to be closer to 25% instead of 35% if you can. This will give you much more financial freedom and flexibility to grow emergency fund then invest.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Great points 👍 Pinning the post! :)
@abdulr3423
@abdulr3423 3 жыл бұрын
Not everyone will survive those 30 years. Still at least invest 30%. U will have something to eat. If u do survive
@Potatotalkies
@Potatotalkies 3 жыл бұрын
@@abdulr3423 what if you do survive 30 years! 😀
@shawn7258
@shawn7258 3 жыл бұрын
Nice point
@jdnz5963
@jdnz5963 3 жыл бұрын
Hi i want to move to canada from new zealand..plz help me guide me
@finny_
@finny_ Жыл бұрын
Well, I make an extra 2k weekly off day trading while still working my normal job using a professional for his expertise at this Mr ravies Benjamin
@jidaloida106
@jidaloida106 Жыл бұрын
Nice, nice can you please introduce me to your IA so I can tell him I was recommended by a friend
@Ahmad-b9q5x
@Ahmad-b9q5x Жыл бұрын
Investing and trading in the financial space has really made a lot of people millionaires even some close friends of mine
@finny_
@finny_ Жыл бұрын
@@jidaloida106anove is his mail address so you can easily get in touch or look up his name
@jidaloida106
@jidaloida106 Жыл бұрын
@@finny_thanks much I have sent a mail across to him
@collisserbanno8740
@collisserbanno8740 Жыл бұрын
I have been investing for a year now but remember if you invest monthly, you can also benefit from any market conditions if you invest for decades.
@frederickpinto5435
@frederickpinto5435 3 жыл бұрын
Even though I have lived in Canada for 8 years, I still view some of your vidoes and find them educating. I also invest myself and liked your video on investments. It's always good to hear and learn from different sources and I congratulate you both for gaining and sharing knowledge to people here in Canada and around the world. Awesome work guys!!! Keep it up.
@AftabAlam-vl4iz
@AftabAlam-vl4iz 3 жыл бұрын
No word for your extensive conversation on important topics, thank you lovely couple.
@veramonique1724
@veramonique1724 2 жыл бұрын
Starting early is the best way of getting ahead to build wealth, investing remains a priority. Even in a downtrend, the stock market/crypto market has plenty of opportunities to earn a decent payout, with the right skills and proper understanding of how the market works.
@danieljamal3709
@danieljamal3709 2 жыл бұрын
Courage taught me: that no matter how bad a crisis gets, any sound investment will eventually pay off
@helenoliver4838
@helenoliver4838 2 жыл бұрын
You are so right. I've been investing for the last 2 years, and I've lost and gained, I know because my advisor can find so many good plays. My portfolio literally went from skyrocketing last year (not counting withdrawals I made) all really exciting. I guess it’s the experience and better judgment.
@dannyvera8475
@dannyvera8475 2 жыл бұрын
Hey! Please who is this advisor of yours? I guess success really means total knowledge and I hope he/she can help me get back what I lost. Can I have easy access to reach out?
@helenoliver4838
@helenoliver4838 2 жыл бұрын
@@dannyvera8475 My consultant is *PRISCILLA DIANE AIVAZIAN* I found her on a CNBC interview where she was featured and reached out to her afterward. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care about supervision. I follow her trade pattern and haven’t regretted doing so
@dannyvera8475
@dannyvera8475 2 жыл бұрын
@@helenoliver4838 Access to good information is what we investors need to progress financially and generally in life. here's a good one and I am grateful. Found her website and it was really impressive
@racquelbrown6125
@racquelbrown6125 3 жыл бұрын
I’m Jamaican and let me tell you I don’t speak your language but was able to understand everything you were saying. I love it. Thanks for this power pack info. Luv you guys
@mohammadrashidtaher5025
@mohammadrashidtaher5025 3 жыл бұрын
You are the ones who helped me after we came Canada. Thanks a lot guys. I did not need to ask anything to anyone. We just followed your videos. Thanks a lot guys. By the way, I am from Bangladesh.
@poorvysharma6472
@poorvysharma6472 3 жыл бұрын
Very nicely explained. I am myself a person who sits with an excel sheet every salary day and prepare the budget of the house, so I know how much efforts you have put in to explain the calculations. you both are amazing and very pleasant to watch. I follow all your videos.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
👏👏👏
@hitarth84
@hitarth84 3 жыл бұрын
Hi, have been following you guys since long, great going. Few things which I wanted to add 1) opportunity cost 2)capital 3) Investible surplus. When a property is bought for own use then it's more like a dead asset as untill you sell it you won't earn anything on it. Capital is something which not everyone can play around(invest in risky assets) with. There is trade off between opportunity cost/lost and risk/protected capital, very few assets would protect your capital and still give you inflation beating returns.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Good points 👍
@dhruvnair5333
@dhruvnair5333 3 жыл бұрын
Loved your video, thank you for such information, yes my wife is feom quebec and a french canadian but getting all this information through is difficult because people tent to not focus on this much information in that culture, and seldomly they invest. Reaching next month there would love to meet you guys.
@akashdave1949
@akashdave1949 3 жыл бұрын
Good advise, every one should heed to your advice. Saving money and investing money go hand in hand. Once you have a steady flow of funds than you can spend pragmatically.
@yashchavda5097
@yashchavda5097 3 жыл бұрын
Every high school curriculum must include such topics💯💯💯 You guys make the best content 💫💫The tips you give your viewers considering us as an integral part of your family is something that make you both stand out from every other channels on KZbin 😇😇 Best wishes to both of you🙏🙏
@rajeevganotra2823
@rajeevganotra2823 3 жыл бұрын
True
@dikshantgotewal1144
@dikshantgotewal1144 3 жыл бұрын
Honestly, after contemplating multiple videos, your channel makes so much sense in every aspect and not just this video. Kudos! Keep talking money.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
😃👏
@nurjassa5245
@nurjassa5245 3 жыл бұрын
Great video and a good reality check especially for news immigrants.
@gugnaniharminder
@gugnaniharminder 3 жыл бұрын
“Abundance thinking” is when your mind is blown. Loved this video so much. Great content. You guys are the best.
@devarshranpara9043
@devarshranpara9043 3 жыл бұрын
Someone : How much you love Potato couple. Me : I disable ads on their video so ads get little bit more view and it contributes to their efforts. (It isn't much, but it's something) Lots of love from Ahmedabad. Keep rocking 🤟🏻🤟🏻😃👌🏻
@Potatotalkies
@Potatotalkies 3 жыл бұрын
😍 thank you 🤗
@NileshShukla
@NileshShukla 3 жыл бұрын
'Abundance Thinking' mode on! I was never bullshit thinking anyways 😎 Nice video as always!
@Potatotalkies
@Potatotalkies 3 жыл бұрын
👏👏👏
@SatarupaDas2302
@SatarupaDas2302 3 жыл бұрын
My admiration and love for you both grows with every video like this you guys publish ! 😄❤
@Potatotalkies
@Potatotalkies 3 жыл бұрын
👏👏
@619ALDRIN
@619ALDRIN 3 жыл бұрын
Free financial advice 💯
@arnabmallik7978
@arnabmallik7978 3 жыл бұрын
Stumbled upon this video and simply loved it!!! Subscribing to your channel. You guys just make so much sense. Great job.
@arvinthth
@arvinthth 3 жыл бұрын
I usually follow the 50-30-20 rule. 50% towards needs (Rent, groceries, etc) dont have a car yet., 30% towards gym, subscriptions, fun etc(but do not use the entire 30%) and 20% towards investments/emergency funds/savings. I end up spending only 50% -55% in total of my income and rest towards investing/saving
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Good strategy
@yogadevenderpahwa3318
@yogadevenderpahwa3318 3 жыл бұрын
I appriciate the way of describing the formulla of saving by u. The childern understand the value of money when the same age of group encourage.
@asfarshakeel9390
@asfarshakeel9390 3 жыл бұрын
Gosh, this was great! Super informative with hilarous bits!! Kudos to your information sharing, thanks!!
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thanks :) Ignore the fake ID message
@jayshreenobaub5428
@jayshreenobaub5428 3 жыл бұрын
Love the 'abundance thinking' 🥰
@damishbudhiraja9634
@damishbudhiraja9634 3 жыл бұрын
This video is such a remedy. Very helping, very knowledgeable. Now me and my spouse can plan a better future with these suggestions. Thank you so much and god bless you for this amazing job. 💯❤️
@ganapathirao3270
@ganapathirao3270 3 жыл бұрын
Happy to know financial management of yours so good. Couple of we getting financial management knowledge now, this clip helps lot to us..
@SathishKumar-cg8er
@SathishKumar-cg8er 3 жыл бұрын
Great video guys..
@Gav-can
@Gav-can 3 жыл бұрын
Both of you very intelligent n execute meticulous planning. God bless you both
@shawn7258
@shawn7258 3 жыл бұрын
Again very nice video. Thanks for educating us on wealth management...this helps not only immigrants but even for general public...keep up doing this great work
@yogyinternational2806
@yogyinternational2806 3 жыл бұрын
11:02 the guy waving at back made me laugh lol
@rahilmasani9336
@rahilmasani9336 3 жыл бұрын
Hi! Thank you for sharing the insights.
@Tejindersd
@Tejindersd 3 жыл бұрын
Investing culture is the realest catalyst in becoming a millionaire, true!
@sarabjeetkaur8853
@sarabjeetkaur8853 3 жыл бұрын
Exactly always invest in equity mutual funds and debentures instead of fixed deposits many people still invest in banks and thinks they are on safer side whereas they actually block their amount.
@jitendrajpunjabi
@jitendrajpunjabi 3 жыл бұрын
Nice Information for Savings and Investments.
@Cape_of_GoodHope
@Cape_of_GoodHope 3 жыл бұрын
Fantastic video guys. Extremely helpful vlog. Thanks for extensive information 👍
@TheMonodeep
@TheMonodeep 3 жыл бұрын
You guys are awesome! Thank you for posting this. Please share more such information!
@TheMonodeep
@TheMonodeep 3 жыл бұрын
Hopefully, One day when I visit GTA or you visit Calgary we can meet. Would love to meet you guys in person. Really appreciate your effort and information. Kudos to your work!
@sonalilmulki
@sonalilmulki 3 жыл бұрын
I like the way you guys explain concepts.. keep up the good work guys
@shaantalk
@shaantalk 3 жыл бұрын
Can you make video on Intra-Company transfer visa ? 1. Process 2. What all documents is needed from the company and from the aplicant's side 3. How does it effect future PR journey etc...
@niketasingh5874
@niketasingh5874 3 жыл бұрын
Highly respect all your efforts making this video, thx
@ronakdave1919
@ronakdave1919 3 жыл бұрын
That’s really amazing can’t wait for new video thank you so much 😊
@ShaveenKumar
@ShaveenKumar 3 жыл бұрын
Great video guys! Thanks for sharing your insights and all the financial advice. I think what would really take your videos to the next level is investing in a good mirrorless camera. The only complaint I have about this video is that the background was too distracting. With a mirrorless camera you can get a much better video quality overall and you can even eliminate the background with a good wide angle, large aperture lens. Hit me up if you need suggestions.
@deepikabatta
@deepikabatta 3 жыл бұрын
You guys are such a blessing❤
@sridhararajaram8582
@sridhararajaram8582 3 жыл бұрын
Admire your humbleness and down to earth attitude . You BOTH are helping lot of people here with so much of valuable information . This will really pay you back my brother . Please continue doing this great work and if possible try to upload video much more frequently . We understand that you both are really busy with your schedules but even we are also equally eager to see your videos . We all want to see you both reach heights in days to come . GOD bless and be safe ...... With lots of love and respect........ Sridhar from Bangalore .........
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thank you 🤗
@user-oh6xz6wc3c
@user-oh6xz6wc3c 3 жыл бұрын
Really nice video! Thanks!
@ajitsingh-ne5ol
@ajitsingh-ne5ol 3 жыл бұрын
Great video again. I know you always try to make positive videos about your experience of staying in Canada. Please also make a video on how you deal with homesickness or loneliness. As you know mental health is as important as physical health and monetary success. This video might help people like me who are planning to come to Canada but feel they would get lonely or feel homesick as population is also very low in Canada apart from Toronto region.
@Simarjeet
@Simarjeet 3 жыл бұрын
Value adding content...trust me it give alot of ppl a pathway to consider for better financial management... This chanel will definitely help ppl with a initial kickstart with safe option for starting their life in Canada.. Chaddi kala...👍
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thanks
@mk1417
@mk1417 3 жыл бұрын
Request u both to make video or series on the work culture difference in Canada and India. Interested in knowing minute points like Interview, workplace, etiquettes, proffesional relations, appraisal system, job security, negotiations, employee benefits etc
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Good topic.. will try to make one soon
@kishorekundala1902
@kishorekundala1902 3 жыл бұрын
Assume you should talk about Risk Management also before Investing. Risk Management would include Life Insurance in terms of buying a Term Insurance for each of the working persons to insure the other person for at least 20 times the annual salary.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Makes sense.. 👍
@kishorekundala1902
@kishorekundala1902 3 жыл бұрын
@@maaki605 Term insurance is a pure risk management product and not an investment product. It's purely to protect the dependants, you don't get back anything if nothing happens to the insured.
@Nikhildeepsinghmahi
@Nikhildeepsinghmahi 3 жыл бұрын
Very helpful video. Thanks.
@msshaik3479
@msshaik3479 3 жыл бұрын
Great calculation...and sincere effort and advice.....even the birds agreed 👍 dil se
@manindersingh6371
@manindersingh6371 3 жыл бұрын
Liked and subscribed. Anything else I can do please let me know 😃😃. Big fan of you guys.
@CAakhilprashar
@CAakhilprashar 3 жыл бұрын
Great topic. Liked your simple answer to people who think what if inflation goes from 2% to 4%. Although, as you would already know, returns in stocks are higher with increase in inflation. Simple equation for stocks returns = % change in GDP (change in quantitative output) + % change in inflation (as goods are sold at higher prices). Would love to see your investment choices in part 2 video and learn from them. My bet would still be to put some part of my savings in Indian mutual funds, even if there is a forex risk and higher inflation in India. Would like to hear your views on this.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thanks.. yes, investing in India is also a good option for sure… 👍
@smileashi
@smileashi 3 жыл бұрын
There is a very beautiful word which I learned from a Hindi comic "Champak"when I was ,I guess 10 years old .It is called "mitavyayi". It perfectly describes what you are trying to convey in your video.I too belong to the saver category. Not a spendthrift .Simple living should be the new COOL thing. Spend reasonably.People might call u kanjoos but let them say anything.Insaan ko apni chaadar jitni pair phelaane chahiye.
@mayurkishnani27
@mayurkishnani27 3 жыл бұрын
Quite useful tips! As I always say keep hustling keep shining :)
@poulamibanerjee7052
@poulamibanerjee7052 3 жыл бұрын
Absolutely love this! Please keep guiding us this well. Totally love your smart tips for creating this financial safety net. Eagerly looking forward to the next video. ❤️❤️
@AkashSharma-oe9no
@AkashSharma-oe9no 3 жыл бұрын
I just saved this video to refer to it again later, need to settle down with pre-requisites first. Thanks for sharing all this :) :man-bow:
@jaskiratsingh91
@jaskiratsingh91 3 жыл бұрын
Thank you so much for sharing. Very interesting facts.
@TheJotir
@TheJotir 3 жыл бұрын
Good one. Should be useful for a lot of individuals. Want to make a point. The 6% return on investment, is it based on present average? Can we consider the past 10 years average, for better calculation? And, YES you are right in saying,"what's in our control is more important than what's not". Keep it up guys.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thanks… 6% is average of last 10 years in canada :) And if we do it well, we can even do slightly better than 6% :)
@blakehelton6884
@blakehelton6884 2 жыл бұрын
*I will forever be in-depted to you Emilia 😇 you've changed my life, I'll continue to preach about your name for the world to hear,* *you've saved me from a huge financial debt with just little investment, Thanks Ms Emilia Russell* 🇺🇸🇺🇸
@oliverjackson160
@oliverjackson160 2 жыл бұрын
I have tried lots of traders but non is as genuine as Emilia, though I was skeptical but still gave her a try of $500 and got a profit of $7,500 in 3days I'm so grateful🙏.
@helensteve2817
@helensteve2817 2 жыл бұрын
Crypto trading is one of the lucrative business, but to be honest its not entirely easy i lost so much while doing it by myself until I stumbled across Emilia Russell
@bobbiechristopher6772
@bobbiechristopher6772 2 жыл бұрын
You will make a startup deposit depending on your chosen plan so trading begins, and your profit is released to you in less than 18 hours after you make your startup deposit.
@gurametsadashvili1888
@gurametsadashvili1888 2 жыл бұрын
I don't recommend you buying or selling without proper analysis. If you're new, always do your research or seek proper guidance from certified expert for proper and profitable management. I got into the market with $15k, but with the guidance of Mrs Emilia, a coach who helped me grow that to over $47k in few months.
@janemunsey9753
@janemunsey9753 2 жыл бұрын
Emilia investment is such a reliable source of making extra money, I got her ref on a KZbin video some months ago although I doubted but later reluctantly gave her a try of $400 in less than two weeks she made a profit of $4000 I was so happy and immediately invested all with her.
@TechByt3
@TechByt3 3 жыл бұрын
Jab apki calculation wali video aati hai then we feel like mathematics class is going on but overall these type of videos are very beneficial
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thank you 😊
@saurabh19851
@saurabh19851 3 жыл бұрын
As an investment banker, I would like to say you have made some big assumptions about investing the money. Firstly, the value of your portfolio depends on how the market is after 30 years. You have made assumption that market will keep growing at 6% which is a long term average and not the yearly rate. Best strategy is to invest some recent in market and keep some in bonds or GIC
@saurabh19851
@saurabh19851 3 жыл бұрын
Adding to this, stock market investment is not for you if you do not know what you are doing. There are so many people that have lost their money by investing. Invest only what you can manage to lose and if you do not need that money in short term else you are just gambling
@Shubham-jz7ec
@Shubham-jz7ec 3 жыл бұрын
Guys always love to hear from you as you enrich us with knowledge👍💯♥️
@Potatotalkies
@Potatotalkies 3 жыл бұрын
👏👏👏
@siddharthsahni6600
@siddharthsahni6600 3 жыл бұрын
Navjot Sir kha se laate ho itti knowledge?🙏🏻 Just one line for you guys "Ek hi to dil hai kitti bar jitoge" 😉❤️
@prashanth.b
@prashanth.b 3 жыл бұрын
Best video and precious advice any new immigrant can get.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thanks 😊
@stockandforexwisdom3407
@stockandforexwisdom3407 2 жыл бұрын
Rich dad poor dad Psychology of money The richest man in babylon I read these books and started saving and investing and by the end I will retire in india with around 80 crore and these books are helpful
@Potatotalkies
@Potatotalkies 2 жыл бұрын
👏👏👏
@ishankapoor12
@ishankapoor12 3 жыл бұрын
You guys are so smart and calculative..
@divyamehta6102
@divyamehta6102 3 жыл бұрын
Rule 10-25-35 is a good way to check one's limit, better to invest in growing markets if your residual income doesn't give that return in Canada.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
👏👏
@arkadeepm
@arkadeepm 3 жыл бұрын
I had to rewatch as I got distracted by the sweet birds .. lol
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Hahah
@AbhishekBalsara
@AbhishekBalsara 3 жыл бұрын
Really amazing topic, nicely covered the points 👍
@rattandeepsingh3236
@rattandeepsingh3236 3 жыл бұрын
Thanks for your suggestions!!
@Potatotalkies
@Potatotalkies 3 жыл бұрын
👏
@Kidsjunction88
@Kidsjunction88 3 жыл бұрын
Love this video ❤️ well researched
@meanoopnandakumar
@meanoopnandakumar 3 жыл бұрын
wow .... this is amazing guys ........ short and crisp pointers .
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thanks 😊
@KaustubhIlmulwar
@KaustubhIlmulwar 3 жыл бұрын
Love you both. So glad to see you everytime 😊
@Potatotalkies
@Potatotalkies 3 жыл бұрын
👏👏👏🤗
@anant5854
@anant5854 3 жыл бұрын
Bhaji ur videos are very informative and well informed. One feed back is kindly make some videos on people earning less than 100 K . They are the ones who can't do these calculations but will help them a lot.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Same principle applies there as well... if you are taking home $5000 a month. You should look to rent and not buy - or move to a city which is cheaper! And invest not more than $500-1000 (20%)... And buy a car where the expenses are less than $500 (10%). And improve your situation. Pick up a side hustle and crush it :) there is no reason why you can’t earn 200K a year - you got the same opportunities as everyone who makes that much! The difference is in the mindset.
@dikshajethnani
@dikshajethnani 3 жыл бұрын
you people are just amazing!!!!!!!!!! Inspiring in so many ways, much love and power tyou guys!
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thanks 😊
@aryangupte7478
@aryangupte7478 3 жыл бұрын
I will surely use your guys trick! Hats off to you guys to make a video like this.. Very nicely explained!
@Potatotalkies
@Potatotalkies 3 жыл бұрын
👏👏👏
@28kartavya
@28kartavya 3 жыл бұрын
Very resourceful! Thank you 🙏
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thanks
@jasmeenashah1833
@jasmeenashah1833 3 жыл бұрын
It will help lot of newcomers thanks for sharing valuable information ❤️👍
@PC0912
@PC0912 3 жыл бұрын
Thanks for sharing your knowledge. waiting for your next video.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Coming soon :)
@satdeepsingh7783
@satdeepsingh7783 3 жыл бұрын
Right ☺️
@SaurabhinCanada
@SaurabhinCanada 3 жыл бұрын
Keep up the great work guys! You are doing exceptionally well and thanks a lot for sharing all these useful insights :)
@HarpreetKaur-nt7kn
@HarpreetKaur-nt7kn 3 жыл бұрын
Hi guys. Good job. Stay safe happy and blessed.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
👏👏
@DON-it9zl
@DON-it9zl 3 жыл бұрын
I am really sorry but could you be kind enough to include subtitles or closed captions for the parts in Indian. Your videos are pretty awesome but the bits where some of us are left to fill in the gaps ain't funky.
@gauravrai5393
@gauravrai5393 3 жыл бұрын
Your content is quite different, Want to you what thought process you go through to pick such topics. It very different from other channels, yet relatable and useful to all.
@Potatotalkies
@Potatotalkies 3 жыл бұрын
We just share stuff from our life :)
@mailtoharshit
@mailtoharshit 3 жыл бұрын
You guys are amazing. I have few more thoughts to add 1/ Focus on high paying active income skills for next 10 year. You can speed things up dramatically. 2/ invest in stay rich asset vs get rich quick (say index, blue chip. Dividends first) or zero liability positive cash flow asset. Remember you need cash periodically with appreciation which can be substantilized. Rental can be another with contingent to no liability. 3/ Develop Emotional Quotient and avoid emotional diarrhea that affect spending habits 4/ Home is liability if you are paying interest, at any point. Equity realized is equity built else it's speculative, be realistic and think home is service that you use and do not confuse primary home with rental positive cash flow investment 5/ compounding is 8th wonder - money that money makes-- makes more money 💰 6/ Risk is in you not in market - you start walking on naked wire 7/ There is fine line b/w speculation and investment -- gambling is extreme 8/ Financial discipline is trait of character building, its a daily emotional struggle cannot be gained overnight just like body building 9/ safety of principal, adequate return if not exceptional and deligent research is investing any action not respecting these discipline is pure speculative. 10/ Be true to yourself, do not make self opinion about your wrong financial decision, staying stuck in self justifications loop can be suicidal. 11/ sitting on your ass is investment, and your inactivity on good asset compounds. True investing is like watching grass grow. You need mind of steel and more mental prepation than physical 12/ Controlling emotion is true damage control Knowing you can be wrong is an opportunity - reinforced feedback is the way, as with time you can boost you odds of financial freedom by multiple folds, and you may put high IQ people to dust by sticking to your principles. Harshit
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Great tips Harshit
@REVIEWSONTHERUN
@REVIEWSONTHERUN 3 жыл бұрын
Interesting! Nice video. ✌️
@rohanroy6851
@rohanroy6851 3 жыл бұрын
Consider buying a variable nd filter.
@rohanroy6851
@rohanroy6851 3 жыл бұрын
That'll help you cut out the light in the background
@shivdeepjamwal2484
@shivdeepjamwal2484 3 жыл бұрын
golden content..i realy wanted this kind of video..thanx gyzz..👌👌
@navneetsinghbhangu6017
@navneetsinghbhangu6017 3 жыл бұрын
Good one. How do you guys select such informative topics ?? You do lot of brainstorming 👌
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thanks 😊 Just sharing our life :)
@srishtiksikdar
@srishtiksikdar 3 жыл бұрын
Awesome video!! Being a math nerd myself, I appreciate all your calculations and presentation of the numbers. Quick question: I understand how to calculate the growth of the investment using compound interest, but can you please tell me how to calculate the balance adjusted to inflation of 2%? Thank you in advance! Keep posting such awesome videos!
@Potatotalkies
@Potatotalkies 3 жыл бұрын
It’s reverse compounding. But I used an online calculator.. lol
@satyakebakshi7896
@satyakebakshi7896 Жыл бұрын
It's fair for a family of two approximately 2k$ is a good investment for every month. I put 1.2k$ every month in ETFs, but I am single. So, in the long term it makes sense about the compounding effect you mentioned! :)
@dhruvjoshi6035
@dhruvjoshi6035 3 жыл бұрын
You can rent your basement so you have to pay less mortgage from your pocket.
@sasankaghosh4508
@sasankaghosh4508 3 жыл бұрын
Power of compounding 🔥🔥🔥
@singhjasmeet9095
@singhjasmeet9095 3 жыл бұрын
This video is very helpful…thankyou
@ankitaahuja111
@ankitaahuja111 3 жыл бұрын
Will eagerly wait for the next video. Learning stock trading these days to handle my own rrsp and tfsa accounts
@JMian
@JMian 3 жыл бұрын
Do you watch Dave Ramsey? Because most of these points I have heard in his videos. I love the last part
@Potatotalkies
@Potatotalkies 3 жыл бұрын
I don’t like his zero debt strategy … it’s too extreme, old school and not practical. Plus, he is against crypto which I don’t agree with 😀
@saurabhdubey8792
@saurabhdubey8792 3 жыл бұрын
Good content guys ! Kudos to you and your efforts. Appreciate the efforts and your knowledge sharing ability. 🙂
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thanks
@amritadesai1784
@amritadesai1784 3 жыл бұрын
I think the risk attached to equity investments is an important factor, so a well balanced asset allocation is important
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Absolutely
@aamirshaikh405
@aamirshaikh405 3 жыл бұрын
Awesome video as always
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thanks
@anandkotwani6036
@anandkotwani6036 3 жыл бұрын
Superb.... All the best Wish you all success..
@Potatotalkies
@Potatotalkies 3 жыл бұрын
Thanks 😊
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